SiC Systems AB

ABActive

Org 5592346638Annedalsvägen 9 C, 227 64 LundEngineering activities and related technical consultancy· NACE 7112Est. 2020 · 6 years old1 employees

Overview

SiC Systems AB is a Swedish AB based in Lund, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2020, the company has 1 employee and reported revenue of SEK 19.1m in its latest annual filing.

Revenue 2024

19.1M SEK

−4% vs 2023

EBITDA margin

24.1 %

−36% vs 2023

Net profit 2024

2.2M SEK

-48% vs 2023

Key ratios

See full ratios →

33.6 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

5.0×

Strong

Among the 40% highest rated companies in the industry

20202024

11.4 %

Average

Around the average of companies in the same industry

20202024

EBITDA — year on year

SEK thousands

Key figures

Annual report 2024

Revenue	19.1M SEK	-4%
EBITDA	4.6M SEK	-36%
Net profit	2.2M SEK	-48%
Total assets	19.5M SEK	+10%
Equity	6.6M SEK	+51%
Employees	1	—

Contact

Address

Annedalsvägen 9 C, 227 64 Lund

rune.berge@sic-systems.se

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Financial development

In its most recent annual report (2024), SiC Systems AB reported revenue of SEK 19.1m, a decrease of 4% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of SEK 2.2m, and the EBITDA margin stood at 24.1%.

At the end of 2024, equity financed 33.6% of the balance sheet, and current assets covered short-term debt 5 times.

Financials

Revenue

SEK millions

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2024	2023	2022	2021	2020
Revenue	19,102	19,882	961	241	4
Staff expenses	-1,204	—	—	—	—
EBITDA	4,607	7,207	-10	12	-37
Depreciation & amort.	-462	-51	-51	-0	-0
EBIT	4,145	7,156	-61	12	-37
Net financials	-409	-33	—	395	—
Profit before tax	2,800	5,357	-61	407	3
Tax	-577	-1,091	-0	-0	-0
Net profit	2,223	4,266	-61	407	3

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Balance sheet

SEK thousands

Item	2024	2023	2022	2021	2020
Total assets	19,518	17,755	7,265	1,599	1,456
Equity	6,561	4,338	72	1,572	20
Long-term debt	0	0	0	0	0
Short-term debt	3,547	11,652	7,193	27	290
Total debt	10,256	11,652	7,193	27	290

Financial ratios

5-year trend

EBITDA margin

24.1 %

20202024

Equity ratio

33.6 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

Return on equity

33.9 %

Strong

Among the 40% highest rated companies in the industry

20202024

Net profit margin

11.6 %

Average

Around the average of companies in the same industry

20202024

Asset turnover

0.98×

Strong

Among the 40% highest rated companies in the industry

20202024

Debt / equity

1.97×

Very weak

Among the 20% lowest rated companies in the industry

20202024

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 20% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 40% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 40% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverWeak

Among the 30% lowest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalVery strong

Among the 20% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2024
Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
Annual report 2020
Filed via Bolagsverket / SCB · Period 2020-09-01 – 2020-12-31

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of SiC Systems AB?

SiC Systems AB is registered with Bolagsverket / SCB under Org 5592346638.

What is the revenue of SiC Systems AB?

SiC Systems AB reported revenue of SEK 19.1m in 2024.

How many employees does SiC Systems AB have?

SiC Systems AB employs 1 people as of the latest annual report.

Where is SiC Systems AB headquartered?

SiC Systems AB's registered address is Annedalsvägen 9 C.